Lyft Earnings News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Lyft CEO Logan Green predicts US will reach 'critical immunity levels' faster than many international markets Lyft CEO Logan Green predicts US will reach 'critical immunity levels' faster than many international markets Tyler SonnemakerFeb 10, 2021, 08:21 IST Lyft CEO Logan Green speaks at the 2015 SXSW festival in Austin, TX.Amy Price/Getty Images Lyft CEO Logan Green said the US will reach "critical immunity" faster than many other countries. Lyft told investors Tuesday that it will be EBITDA-profitable in 2021 if the recovery continues. The US still has one of the worst COVID-19 outbreaks,...

Amy Price/Getty Images Lyft told investors Tuesday that it will be EBITDA-profitable in 2021 if the recovery continues. The US still has one of the worst COVID-19 outbreaks, but has higher-than-average vaccine rates. The US currently has the worst COVID-19 outbreak globally, with more than 27 million active cases. But Lyft CEO Logan Green is still optimistic about the country's road to recovery which, not coincidentally, will have a major impact on his company's own post-pandemic recovery. "While we can't predict the timing or efficacy of vaccine rollouts with ce...

» Lyft stock jumps as much as 11% after ride-hailing firm said it could turn a profit by the end of the year Lyft stock jumps as much as 11% after ride-hailing firm said it could turn a profit by the end of the year Harry RobertsonFeb 10, 2021, 21:52 IST Lyft stock tumbled in 2020 but has since rebounded sharply thanks to optimism about coronavirus vaccinesAl Seib/Getty Images The Lyft stock price jumped as much as 11% in early trading on Wednesday after its Q4 earnings. Cost-cutting and a potential profit caused investors to snap up shares in the ride-hailing app. Markets are warming to co...